Bullish indicating open at $55-$60, IPO prices at $37
MADISON, Wis. - Nordic, a health and technology consulting company, and CLEAR (NYSE:YOU), a $3.08 billion identity verification company that has delivered impressive 41% returns over the past six months, announced Monday a partnership aimed at improving healthcare information security and streamlining access across healthcare systems. According to InvestingPro analysis, CLEAR currently trades near its Fair Value, with strong financial metrics supporting its growth trajectory.
The collaboration will integrate CLEAR’s identity platform, CLEAR1, with Nordic’s health IT support services. CLEAR1 provides a reusable, NIST IAL2/AAL2-compliant identity credential that allows patients and providers to access various healthcare services without repeated identity verification steps.
According to the companies, many healthcare systems currently rely on manual identity verification processes that can increase administrative workload and create cybersecurity vulnerabilities.
"Healthcare organizations are investing in modernizing their systems, seeking ways to be faster, more efficient, and simpler across their EHRs," said Steve Eckert, chief growth officer at Nordic, in the press release statement.
David Bardan, General Manager and Head of Healthcare at CLEAR, stated, "Through our single reusable identity, we see benefits across the entire healthcare ecosystem—patients enjoy streamlined access to their health information and services without repeated identity checks, while providers can verify individuals quickly."
Nordic currently serves more than 700 healthcare organizations globally with a team of over 3,300 professionals. The company offers strategic advisory, implementation support, and managed services for healthcare technology systems.
The partnership aims to address healthcare organizations’ needs to balance technological convenience with security requirements in managing electronic health records.
In other recent news, Clear Secure Inc. reported its second-quarter 2025 earnings, showcasing a notable revenue increase of 17.5% to $219.5 million, surpassing both Telsey’s forecast and the FactSet consensus. Despite the revenue beat, the company’s earnings per share fell short at $0.26, compared to the expected $0.30. Analysts responded to these results with various adjustments to their price targets. Telsey Advisory Group raised its target to $37 while maintaining an Outperform rating, citing the company’s strong performance. Wells Fargo adjusted its target to $25, maintaining an Underweight rating, as the results were in line with previous beats. Stifel increased its price target to $33, maintaining a Hold rating, acknowledging the company’s continued momentum into the third quarter. Additionally, Clear Secure is expanding its identity verification services to healthcare providers through integration with Epic’s systems, further enhancing its strategic initiatives. These developments reflect Clear Secure’s ongoing efforts to strengthen its position in the market.
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